Investors line up to buy South Korea’s Encar.com

12 Sep 2017
SK Holdings, the third largest business conglomerate in South Korea, is considering the sale of its used-cars classified site SK Encar (at Encar.com) in a deal which may pocket it between 100 billion won ($88.6 million U.S.) and 200 billion won ($177 million U.S.), reported The Korean Herald.


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Tariq Ahmed Saeedi

Tariq Ahmed Saeedi writes stories on sharing economies in Asia – particularly Japan, Taiwan, Vietnam, Korea, Pakistan, Bangladesh and Iran. He joined the AIM Group in January 2016. Tariq is also a spotter, monitoring global marketplace industry’s updates. He carries more than 15 years of writing experience. Tariq frequently contributes economic/tech news and analysis to a daily The News International and a magazine. He has also written features and interview articles for various other publications and some of his write-ups have been cited for references in reports by the World Bank and archived in Florida Institute of Technology’s library. Tariq has also narrated corporate website content for Audi importer in Pakistan and others. He started his career from a television’s current affairs department in 2003 and later joined the country’s premier news agency Pakistan Press International.